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Sold on 26 Dec 2023 - Price Unavailable

7 Fiddlers Green Road
Kyneton VIC 3444

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 493m2
Land area: 45081m2
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Property Details for 7 Fiddlers Green Rd, Kyneton

Building Type
Commercial
Floor Size
493m2
Land Size
45081m2
Local Government
Macedon Ranges
Lot/Plan
3/PS309481

Last Listing description (December 2023)

ARPBS Commercial have on offer a rare opportunity to secure a charming historic estate dating back to the mid-19th century. This property boasts an expansive blue-stone house and barn, which was formally employed as a ‘Cobb and Co’ changing station. The property has recently been involved in a considerable renovation and intended expansion to be utilised for an events venue to harness the magnificent history and scenic views of the Macedon Ranges.
This lifestyle project would be ideal for the astute investor or business operator looking at securing an estate worthy of admiration and to further reap the benefits of the demand that would derive from finalising the development for hospitality endeavours.
The ‘Penington Farm Estate’ encompasses a sizeable 11-acre area comprising of bespoke designed paddocks, Machinery shedding, windmill, bore water infrastructure and car port. The property has an array of established trees that line the entrance to the estate, subsequently creating a feel of grandeur.

Very rarely does an iconic property become available, especially something with so much significance to the Macedon Ranges. This property is ready for the next custodian to appreciate and finish this unique project. The current owners had grand visions for the estate and went to great lengths engaging well regarded industry leaders to design and structure plans to enable this property to become a tourist attraction, once complete. The foundations for the planning and implementation are available for review, which will further showcase the true potential of this lucrative opportunity.
Estates within the Macedon Ranges have been sensationalised in recent years sparking considerable interest from those seeking to obtain the perfect compromise of residing on a lifestyle property, whilst being located within a commutable distance to Melbourne. Strategically located within proximity of the township of Kyneton, subsequently providing ease of access to key amenities. This property presents exceptional value and will not last long on the market as it is the quintessential ‘renovators delight’.

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Property History for 7 Fiddlers Green Rd, Kyneton, VIC 3444

A timeline of how this property has performed in the market
Last Sold
26 Dec 2023
  • 22 Dec 2023
    Sold for $990,000
  • 24 Nov 2022
    Listed for Sale $1,400,000
  • 04 Oct 2017
    Sold for $780,000
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About Kyneton 3444

The size of Kyneton is approximately 97.9 square kilometres. It has 13 parks covering nearly 1.6% of total area. The population of Kyneton in 2011 was 6,628 people. By 2016 the population was 6,964 showing a population growth of 5.1% in the area during that time. The predominant age group in Kyneton is 40-49 years. Households in Kyneton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kyneton work in a professional occupation. In 2011, 74.7% of the homes in Kyneton were owner-occupied compared with 74.8% in 2016.

Kyneton has 4,696 properties. Over the last 5 years, Houses in Kyneton have seen a 23.75% increase in median value, while Units have seen a 18.39% increase. As at 30 September 2024:

  • The median value for Houses in Kyneton is $763,763 while the median value for Units is $530,199.
  • Houses have a median rent of $560 while Units have a median rent of $433.
There are currently 88 properties listed for sale, and 10 properties listed for rent in Kyneton on OnTheHouse. According to CoreLogic's data, 170 properties were sold in the past 12 months in Kyneton.

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George Mercieca
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ARPBS Commercial Real Estate
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